Heritage Financial Corporation (HFWA)

Heritage Financial Statistics

Total Valuation

HFWA has a market cap or net worth of $827.00 million. The enterprise value is $1.14 billion.

Market Cap	827.00M
Enterprise Value	1.14B

Important Dates

The next estimated earnings date is Thursday, April 24, 2025, before market open.

Earnings Date	Apr 24, 2025
Ex-Dividend Date	Feb 6, 2025

Share Statistics

HFWA has 33.99 million shares outstanding. The number of shares has decreased by -1.02% in one year.

Current Share Class	33.99M
Shares Outstanding	33.99M
Shares Change (YoY)	-1.02%
Shares Change (QoQ)	-0.30%
Owned by Insiders (%)	1.71%
Owned by Institutions (%)	81.67%
Float	33.39M

Valuation Ratios

The trailing PE ratio is 19.47 and the forward PE ratio is 11.96.

PE Ratio	19.47
Forward PE	11.96
PS Ratio	3.95
Forward PS	3.14
PB Ratio	0.95
P/TBV Ratio	1.33
P/FCF Ratio	13.51
P/OCF Ratio	12.79
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	26.29
EV / Sales	5.40
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	18.64

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	7.44
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 5.04%.

Return on Equity (ROE)	5.04%
Return on Assets (ROA)	0.61%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$276,682
Profits Per Employee	$56,844
Employee Count	761
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, HFWA has paid $9.00 million in taxes.

Income Tax	9.00M
Effective Tax Rate	17.22%

Stock Price Statistics

The stock price has increased by +24.91% in the last 52 weeks. The beta is 0.53, so HFWA's price volatility has been lower than the market average.

Beta (5Y)	0.53
52-Week Price Change	+24.91%
50-Day Moving Average	24.48
200-Day Moving Average	22.94
Relative Strength Index (RSI)	51.96
Average Volume (20 Days)	393,807

Short Selling Information

The latest short interest is 859,115, so 2.53% of the outstanding shares have been sold short.

Short Interest	859,115
Short Previous Month	771,730
Short % of Shares Out	2.53%
Short % of Float	2.57%
Short Ratio (days to cover)	3.10

Income Statement

In the last 12 months, HFWA had revenue of $210.56 million and earned $43.26 million in profits. Earnings per share was $1.24.

Revenue	210.56M
Gross Profit	210.56M
Operating Income	57.16M
Pretax Income	51.24M
Net Income	43.26M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.24

Balance Sheet

The company has $140.97 million in cash and $453.85 million in debt, giving a net cash position of -$312.88 million or -$9.20 per share.

Cash & Cash Equivalents	140.97M
Total Debt	453.85M
Net Cash	-312.88M
Net Cash Per Share	-$9.20
Equity (Book Value)	863.53M
Book Value Per Share	25.40
Working Capital	-5.96B

Cash Flow

In the last 12 months, operating cash flow was $64.48 million and capital expenditures -$3.46 million, giving a free cash flow of $61.02 million.

Operating Cash Flow	64.48M
Capital Expenditures	-3.46M
Free Cash Flow	61.02M
FCF Per Share	$1.80

Margins

Gross Margin	n/a
Operating Margin	27.15%
Pretax Margin	24.82%
Profit Margin	20.54%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	28.98%

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 3.96%.

Dividend Per Share	$0.96
Dividend Yield	3.96%
Dividend Growth (YoY)	4.49%
Years of Dividend Growth	4
Payout Ratio	77.42%
Buyback Yield	1.02%
Shareholder Yield	4.98%
Earnings Yield	5.25%
FCF Yield	7.40%

Analyst Forecast

The average price target for HFWA is $25.67, which is 5.51% higher than the current price. The consensus rating is "Hold".

Price Target	$25.67
Price Target Difference	5.51%
Analyst Consensus	Hold
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on September 28, 2005. It was a forward split with a ratio of 1.05:1.

Last Split Date	Sep 28, 2005
Split Type	Forward
Split Ratio	1.05:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4